
Cheap Apartments for Rent in the Deerfield Hills Neighborhood of Colorado Springs, CO from $500 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the Deerfield Hills area of Colorado Springs.


1630 Shasta Dr

Panorama Heights

1501 Coolcrest Dr

Peak 1465

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Gardens at Hidden Creek Apartments

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Sedona Ridge Apartments

3108 Moonbeam Cir S

Alta Apartments
Colorado Springs's Best Affordable Neighborhoods
Learn about Colorado Springs and the best places to live with original content written by our Local Expert Darla Ferrara

1501 Coolcrest Dr

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Peak View

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Lincoln Springs Apartments

The Lofts at Rock Vue

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Marmont Springs Apartments

2119 Falkirk Dr

3175 E Fountain Blvd

Aero Place Apartments

Summit Creek Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1522 Rainier Dr, Unit BASEMENT

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Mountain Ridge

The Lofts @ 1567

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Antero

1765 Zebulon Dr

4321 Lashelle Ave

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Cottages at South Murray

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The Vue at Spring Creek

1835 Zebulon Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Cottages at Aero Park

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4205 Loomis Ave

3341 E Fountain Blvd, Unit 211

Fountain Springs

4357 Hawks Lookout Ln

Westwind Apartments

Riverbend Apartments - Offboarding

Arbor Pointe Apartments

Park View Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

The Flats at Fountain

Park Plaza

1238 Firefly Cir

WHITNEY YOUNG MANOR

Fountain Garden Apartments-Senior Living

4349 Hunting Meadows Cir

4321 Hawks Lookout Ln

3014 Starlight Cir

2562 Astrozon Circle
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
Deerfield Hills, Colorado Springs, CO Local Guide

How much does it cost to rent an apartment in Deerfield Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Deerfield Hills Studio Apartments | $907 | $760 | $2,070 |
| Deerfield Hills 1 Bedroom Apartments | $1,197 | $800 | $2,400 |
| Deerfield Hills 2 Bedroom Apartments | $1,553 | $588 | $3,895 |
| Deerfield Hills 3 Bedroom Apartments | $2,007 | $747 | $4,833 |
| Deerfield Hills 4 Bedroom Apartments | $2,482 | $2,367 | $2,525 |
Browse Apartments in this Neighborhood
There are currently 45 rentals with your search options within a 2 mile radius of the Deerfield Hills Neighborhood of Colorado Springs, CO.
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Deerfield Hills, Colorado Springs, CO Local Guide
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Cheapest Available Deerfield Hills Apartments for Rent
 The cheapest available apartment rental in the Deerfield Hills area of Colorado Springs, CO is a 2 Beds unit found at Bentley Commons priced from $588. Panorama Heights has the second lowest priced unit, which is a 3 Beds apartment currently listed from $747. Here are the most affordable Deerfield Hills apartments for rent in Colorado Springs, CO:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bentley Commons | One Bedroom | 2BR,1BA | $588 |
| Panorama Heights | 3 Bedroom A | 3BR,2BA | $747 |
| Peak 1465 | 0/1 | Studio,1BA | $760 |
| Gardens at Hidden Creek Apartments | 1/1.00 | 1BR,1BA | $800 |
| Alta Apartments | The Peak | Studio,1BA | $800 |
| Peak View | 1 Bedroom | 1BR,1BA | $818 |
| Lincoln Springs Apartments | A1 | 1BR,1BA | $849 |
| The Lofts at Rock Vue | 1/1 | 1BR,1BA | $850 |
| Sedona Ridge Apartments | 0BD, 1BTH B | Studio,1BA | $869 |
| Marmont Springs Apartments | Garden | 1BR,1BA | $874 |
Best Value Apartments for Rent in Deerfield Hills, CO
As of July 31, 2026 the best value apartment in the Deerfield Hills area is the $1.25 price per square foot Three Bedroom / Two Bathrooms Model at Spring Creek in the in the Deerfield Hills neighborhood starting from $1,995. The second greatest value Deerfield Hills apartment is the 3-Bed Model at Verde Commons Apartments starting at $2,156 with a $1.39 price per square foot in the Deerfield Hills neighborhood. Here is today’s list of the best values for Deerfield Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Spring Creek | Three Bedroom / Two Bathrooms | 3BR,2BA | $1.25 |
| Verde Commons Apartments | 3-Bed | 3BR,2.5BA | $1.39 |
| The Townhouse Apartment Homes | *** $700 OFF MOVE IN TOTAL ***2 Bedroom 1.5 Bat... | 2BR,1.5BA | $1.20 |
| Fountain Springs | Three Bedroom | 3BR,2BA | $1.40 |
| Academy Heights Apartments | 2 Bedroom A | 2BR,1BA | $1.47 |
| Colony Hills Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.40 |
| Peak View | 2 Bedroom | 2BR,1BA | $1.35 |
| Antero | One Bed, One Bath | 1BR,1BA | $1.54 |
| The Lofts at Rock Vue | 1/1 | 1BR,1BA | $1.31 |
| Lincoln Springs Apartments | A1 | 1BR,1BA | $1.37 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDeerfield Hills, Colorado Springs, CO
Ranked #14
Among cities in Colorado for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Deerfield Hills, Colorado Springs, CO
School data provided by Great Schools
Lifestyle Ratings
This website is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, metropolitan areas, and rental properties across Colorado and customized analysis for Central Colorado Springs, CO. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Deerfield Hills Apartments
What is a cheap apartment in Deerfield Hills?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Deerfield Hills is under $874.
What is the price of a cheap apartment in Deerfield Hills?
The cheapest apartment in Deerfield Hills is Gardens at Hidden Creek Apartments which is listed at $800, while the average apartment in Deerfield Hills costs $2,446.
What types of apartments are the cheapest in Deerfield Hills?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 42 regular apartments in Deerfield Hills that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Deerfield Hills?
Cheap apartments in Deerfield Hills have an average cost of $459 which is $1,987 cheaper than the average rent for all rentals in Deerfield Hills.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Colorado Springs Student Renting: An Insider's Look at Top Colleges and Student Neighborhoods
Written by: Darla Ferrara
If your perfect college experience involves a blend of breathtaking mountain views and vibrant city living, then Colorado Springs, CO, might be the right choice for you.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.